The Philly Fed president is the latest central banker to suggest that weakness in the labor market is only temporary.» Read More
Robert Gates, who served both George W. Bush and Barack Obama, delivers an icy assessment of his most recent boss and his foreign policy. The FT reports.
President Barack Obama's Affordable Care Act has indeed driven the slowdown in health-care spending, Obamacare architect Peter Orszag told CNBC.
Some questions and answers about what's at stake for the U.S. economy after more than a million Americans lost their unemployment benefits last month.
Germany's reliance on export-driven growth was a hot topic when U.S. Treasury Secretary Jack Lew arrived in Berlin on Wednesday.
The Fed will likely phase out its massive bond-buying stimulus this year if the U.S. economic recovery strengthens as expected, a top Fed official said.
U.K. whistleblowers were responsible for the most overseas tip-offs to the U.S. financial authority last fiscal year.
Legislation to renew jobless benefits for the long-term unemployed has cleared an initial Senate hurdle, but the bill's fate remains in doubt.
The Senate vote to confirm Janet Yellen as Federal Reserve chair reveals concerns about a fragile economy, former Rep. Ron Paul says.
With bad weather preventing senators from traveling to Washington, a showdown vote on the unemployment bill was postponed until Tuesday.
U.S. Treasury Secretary Jack Lew has renewed calls for Europe to pursue growth-boosting policies rather than austerity in a conference in Paris.
The recent string of positive economic news could turn into a headache for Janet Yellen as she prepares to take the reins at the Federal Reserve.
Federal regulators don't need new laws to tamp down on the more seedy uses of bitcoin and other virtual currencies, Sen. Thomas Carper, D-Del., told CNBC on Tuesday.
People looking to buy marijuana in Colorado are facing steep price hikes, long lines and shuttered stores as demand for recreational sales outstrips supply. The FT reports.
President Barack Obama "made mistakes" and the United States failed in its dealing with the Syrian conflict, a Saudi Arabian prince said.
The Supreme Court order remains in effect while a federal appeals court considers the case.
Here's what's lawmakers are expected to focus on as they return to Capitol Hill.
Unemployed Americans losing their extended benefits are tapping their savings and draining retirement funds. NBC News reports.
The Fed remains committed to keeping interest rates low, even as it begins to taper its monthly purchases of bonds, Fed Chairman Ben Bernanke said.
ck Lew, the US Treasury secretary, will renew pressure on Germany to boost domestic demand and embrace a deeper banking union when he visits Berlin this week. The FT reports.
CNBC's Seema Mody reports Netflix is removing more than 80 movies and TV shows from its service for 2014, and New York City's mayor elect Bill de Blasio vows to do away with horse-drawn carriages.
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